While there were reports about Walmart taking over Flipkart, a new allegation is being put forward by various news websites claiming that Amazon will be buying the Indian e-commerce site. Walmart is in talks to buy about 55% of Flipkart through a mix of primary and secondary share purchases.
However, Flipkart did not reply to the emails sent by media companies and Amazon denied to reply on the same, according to reports.
BY AISHWARYA | APR 4, 2018 2:56 PM #AMAZON #FLIPKART #BUSINESS NEWS
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